How To Buy Cigna Stock

You can buy Cigna shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Cigna shares with a broker like eToro or you can trade Cigna CFDs with XTB you can begin trading Cigna shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys Cigna stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro XTB Trading212 Plus500 FXPrimus FP Markets
Rating
Used By 12,000,000+ 250,000+ 14,000,000+ 15,500+ 10,000+ 10,000+
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Scroll down to read our indepth article on How To Buy Cigna Stock. What you should know, Types of trading Cigna Stock and CFD's. Pros and Cons, everything is explained below.

Cigna Financial Details

Financial Details

Cigna Stock symbol CI
Cigna Sector and Industry Health Care Health Care Facilities & Svcs
Cigna Exchange NYSE - New York Stock Exchange
52 Week High $214.44
52 Week Low $141.95
Cigna Market Capitalisation $72,418,307,514.00
Cigna Average Volume 1,707,886.00
Cigna PE 17.04
Cigna EPS 11.38
Stock Currency USD

Overview of Cigna

Cigna is an American Health Care Health Care Facilities & Svcs company currently traded on the NYSE which fully known as the New York Stock Exchange.

Cigna trades under the stock symbol CI on the NYSE.

Cigna shares are exchanged in USD on the NYSE.

Cigna has a current share price of $193.84 USD dated 31/01/2020.

The highest Cigna share price over the last 52 weeks was $214.44 USD and its lowest price over the last 52 weeks was $141.95 USD. That is a 52 week price range of $141.95 - $214.44.

Cigna Trading Volume and PE

Cigna currently has 373,425,000.00 active shares in circulation traded through the NYSE exchange.

Cigna market capitalization is $72,418,307,514.00 with an average daily trading volume of 1,707,886.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Cigna has a Price Earning Ratio ( PE ) of 17.04 and earning per share ( EPS ) of 11.38. Generally speaking Cigna having a high P/E ratio means that Cigna investors forsee increased growth with Cigna in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Cigna earnings per share is Disney company profit that's allocated to every Cigna common stock. Earnings per share is calculated by taking the difference between Cigna's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Cigna shares outstanding.

Cigna Financial Charts

Financial Details

Cigna Information

Cigna Location & Contact Information

Address 900 Cottage Grove Road Bloomfield, CT 06002 United States
Phone Number 1-800-997-1654
Website URL www.cigna.com

Cigna Executives and Board Members

President/CEO David M Cordani
Chief Data & Analytics Officer Gina Papush
Chief Clinical Officer Dr Steven Miller
Cigna Board Member Isaiah Harris Jr
Cigna Board Member John M Partridge
Cigna Board Member Roman Martinez IV

How To Buy Cigna Stock Guide

Buying Cigna Stocks and CFDs

When investing in Cigna you have several options as to what type of investment you wish to conduct. You can buy traditional Cigna shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Cigna shares with stock brokers and trading Cigna with CFDs below.

Cigna CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Cigna stock.

If you buy Cigna shares with a stock broker you actually own a share of Cigna. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Cigna price will change up or down.

Lets explain why you would buy Cigna as a CFD instead of as a share.

If you went and brought 100 Cigna shares at $100 a share with a stock broker you own $1000 of Cigna.

The main difference when trading Cigna as a CFD and buying Cigna as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Cigna you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Cigna. Trading an Cigna CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Cigna CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Cigna share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

An Cigna CFD long would be hoping to profit from a rise in the Cigna share price. An Cigna CFD short would be aiming to profit from a fall in the Cigna stock price. Trading CFDs allows traders to profit from both directions of the Cigna price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Cigna shares you can only profit from a rise in the Cigna stock price.

Cigna CFD and Stock Market Times

When trading in traditional Cigna shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Cigna Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Cigna stock. This limits your risk to your initial amount invested in Cigna. You can only lose the amount invested with traditional Cigna shares. Another benefit of buying Cigna shares with a broker is that you may be eligible to receive Cigna company dividends if applicable.

If you Invest in Cigna via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Cigna. If you buy Cigna stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Cigna benefits as in owning a certain amount of stock for a set period.

If you own shares in Cigna you may be eligible to voting rights at Cigna shareholder general meetings.

Cigna Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Cigna Stocks and shares are only exempt from tax if the Cigna shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Cigna Stocks and Shares or Cigna CFDs?

There are pros and cons to trading in both Cigna Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Cigna stocks and shares is better suited for long term investments. Historically Cigna shares provide better returns over the long term, usually a 10 year period.

Cigna CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Cigna share investors aim to profit on the fluctuating highs and lows of the Cigna price throughout the day. Day trading as you can imagine focuses on profiting from the daily Cigna stock price change.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Cigna stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Cigna share price for example to a known amount.

Example Cost of Buying Cigna as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Cigna CFD trade example Cigna Share deal example
Market price $193.84 $193.84
Broker Deal Invest $38.768 at 1:5 Margin (20%) Buy at $193.84 a share
Deal size 100 shares 100 shares
Initial outlay

$3876.8

(Margin = exposure x 20% margin factor)

$19384

(100 shares at $193.84)
Stamp duty No £20
Close price Sell at $232.608 Sell at $232.608
Estimated Profit

(38.768 point increase x 100 shares = $3876.8)

*Not including commission fees and taxes

($23260.8 - $19384 = $3876.8)

*Not including commission fees and taxes
Trade Cigna CFDs now with XTB Trade Cigna Shares now with Etoro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Cigna shares and CFDs.

We compare multiple aspects of brokers to help you make a more education decision when investing in Cigna.